43
43
Sep 22, 2012
09/12
by
FBC
tv
eye 43
favorite 0
quote 0
our economy headed straight over the fiscal cliff. congress, guess what, they are on vacation again. a chief economist joins me next. ♪ ♪ gerri: romney tonight releasing his 2011 tax return and a 20 year snapshot of his taxes. here to break it down for us peter barnes. were there any surprises? >> no. this looked a lot like what the governor released back in the spring when he filed for an extension. 379 pages. here is what we have today for the final returns filed and released today. $13.7 million in income for 2011. taxes 9.1 million. they donated some of their income to charity. for this 20 year snapshot for the rate they paid, what the governor paid in taxes and the tax rates, the hope of it rule, a big controversy. they paid an average rate of just over 20%. the lowest effective rate for, not sure what year, 13.6. charitable donations for the entire. just over 13%. the campaign is saying that taxes, plus donations, equal about 39% for the romney's. gerri: that is an interesting way to put it. romney had not paid taxes in ten
our economy headed straight over the fiscal cliff. congress, guess what, they are on vacation again. a chief economist joins me next. ♪ ♪ gerri: romney tonight releasing his 2011 tax return and a 20 year snapshot of his taxes. here to break it down for us peter barnes. were there any surprises? >> no. this looked a lot like what the governor released back in the spring when he filed for an extension. 379 pages. here is what we have today for the final returns filed and released today....
51
51
Sep 24, 2012
09/12
by
FBC
tv
eye 51
favorite 0
quote 0
our economy headed straight over the fiscal cliff. congress, guess what, they are on vacation again. a chief economist joins me next. ♪ ely. but because of business people like you, things are beginning to get rolling. and regions is here to help. making it easier with the expertise and service to keep those wheels turning. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your passions... because the results... are you having fun doing this? yeah. that's a very nice cake! [ male announcer ] well, you can't beat them. [ giggles ] ohh! you got something huh? whoa... [ male announcer ] humana understands the value of spending time together that's a lot of work getting that one in!
our economy headed straight over the fiscal cliff. congress, guess what, they are on vacation again. a chief economist joins me next. ♪ ely. but because of business people like you, things are beginning to get rolling. and regions is here to help. making it easier with the expertise and service to keep those wheels turning. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. as part of a heart healthy diet....
132
132
Aug 23, 2012
08/12
by
MSNBCW
tv
eye 132
favorite 0
quote 0
and what might happen if congress fails by the end of the year to avoid the so-called fiscal cliff over which tax cuts would expire and deep spending cuts would take effect. the noncongressional budget office warned about the consequences of financial tightening forecasting the u.s. economy would shrink by half a percent in 2013, unemployment jump back above 9% and could cost americans as many as 2 million jobs next year alone. cbo's forecast is gloomier than what it predicted three months ago and then reported that 2012 would be the fourth straight year with a deficit of more than $1 trillion. yesterday, mitt romney called the cbo report unacceptable and used the opening to turn the conversation back on the economy. >> when you look at all of the debt of the country it's about the size of our entire economy. this puts us on a path to become like europe. what's happening over there is that people have spent more than they have taken in year after year after year, borrowed more and more money, made promises they couldn't fulfill, and finally something which had to end did end. and what h
and what might happen if congress fails by the end of the year to avoid the so-called fiscal cliff over which tax cuts would expire and deep spending cuts would take effect. the noncongressional budget office warned about the consequences of financial tightening forecasting the u.s. economy would shrink by half a percent in 2013, unemployment jump back above 9% and could cost americans as many as 2 million jobs next year alone. cbo's forecast is gloomier than what it predicted three months ago...
84
84
Sep 22, 2012
09/12
by
FBC
tv
eye 84
favorite 0
quote 0
our economy headed straight over the fiscal cliff. congress, guess what, they are on vacation again. a chief economist joins me next. ♪ copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at advaircopd.com. ♪ gerri: romney tonight releasing h
our economy headed straight over the fiscal cliff. congress, guess what, they are on vacation again. a chief economist joins me next. ♪ copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace...
225
225
Aug 14, 2012
08/12
by
CNBC
tv
eye 225
favorite 0
quote 0
. >> okay, let's talk about something effecting the economy, that is the fiscal cliff that congress is not able to solve before election day, how does it affect your business, the possibility of the tax cuts going away and spending cuts coming in place? >> those are uncertainties that's hard to tell how they will play out. they'll probably run it out and make a compromise. given that we still have to make decisions and we positioned ourselves in more kags to probably ourselves. we still have a believe in the growth of our business and we're putting dour chips down and or moral is strong, growth is strong, across the board, wall to wall, and you know, we're just optimistic about our future, even though some of these things are definite concerns out there in the larger macro environment. >> thank you for joining us, you're a good sport, too. be sure to watch cnbc all day tomorrow for an unprecedented look at the drought of 2012. get a look at the impact and how it's being felt across all corners of our country. so, i'll bet the political discussions are interesting. >> i bet the board me
. >> okay, let's talk about something effecting the economy, that is the fiscal cliff that congress is not able to solve before election day, how does it affect your business, the possibility of the tax cuts going away and spending cuts coming in place? >> those are uncertainties that's hard to tell how they will play out. they'll probably run it out and make a compromise. given that we still have to make decisions and we positioned ourselves in more kags to probably ourselves. we...
71
71
Dec 16, 2012
12/12
by
CSPAN
tv
eye 71
favorite 0
quote 0
i think it is important that we kind of take a step back and remember what the fiscal cliff is all about. it is when the tax rate -- across the board, our current tax code expires. if congress does not take action, it would be a $3.5 trillion tax increase oned american people. it would impact nearly everyone. it would cost us two million jobs, a double-dip recession, and in addition to that, we also have see quest racial -- sequestration, which is looming. the across-the-board cuts would be a million jobs lost in the defense industry. there is a lot on our plate right now, and i think -- yes? >> do you think any progress has been made out of those meetings? i think the speaker and the president have tried to have a frank discussion but did not disclose any tangible progress made. do you have any reason to believe there has been proog -- progress? >> i haven't heard the details. in what the speaker has told me, he has been disappointed that the president seems to be heading in the opposite direction as far as continuing to call for higher taxes than ever, a doubling of the taxes that he t
i think it is important that we kind of take a step back and remember what the fiscal cliff is all about. it is when the tax rate -- across the board, our current tax code expires. if congress does not take action, it would be a $3.5 trillion tax increase oned american people. it would impact nearly everyone. it would cost us two million jobs, a double-dip recession, and in addition to that, we also have see quest racial -- sequestration, which is looming. the across-the-board cuts would be a...
152
152
Oct 14, 2012
10/12
by
CSPAN
tv
eye 152
favorite 0
quote 0
one of the purposes was so that tough decisions could be made on the so-called fiscal cliff during the lame duck. it seems we're hearing that congress is going to punt on the lame duck and of the fiscal clip issues and not tackle the upcoming sequestration. i have a two-part question. do you think that is looking more likely? how will lawmakers explained that one for months we have had this buildup that if we do not do something in december bad things will happen? >> it all depends on who wins the election. it mitt romney wins and if we get 50 votes in the senate, in a sense to wait until we have a president romney and to have a republican consultant and things richer actively. you would get a better deal for the american people. there are now accountable to the voters. if we win, the strategy makes sense. if not, all bets are off and it will be one big fight in the lame duck. i am confident that it running will be the next president. >> holding of may make sense politically. >> and not just politically. policy wise. the last lame-duck session we had 87 republican freshmen on the way t
one of the purposes was so that tough decisions could be made on the so-called fiscal cliff during the lame duck. it seems we're hearing that congress is going to punt on the lame duck and of the fiscal clip issues and not tackle the upcoming sequestration. i have a two-part question. do you think that is looking more likely? how will lawmakers explained that one for months we have had this buildup that if we do not do something in december bad things will happen? >> it all depends on who...
176
176
tv
eye 176
favorite 0
quote 0
. >> if congress doesn't act, the u.s. is going to fall over this fiscal cliff. tax increases and budget cuts that hit at the beginning of the year, the countries, as you know, largest teachers union, they say that will mean 8% spending cuts for education, 80,500 job losses. what's your contingency plan? what happens to the department of education and public school education if we go over the fiscal cliff? >> it's very simple. children will get hurt. there's no upside to having many less children have access to head start. there's no upside in investing less in poor children, students with disabilities. there's no upside to seeing class size explode. no less side to less extra cricklers, no upside to having less access to pell grants so they can go to community college, tour year college, be a productive citizen and participate in the economy. we have to do the right thing. we fundamentallily think of education as investment, not expense. we have to invest in reform not in the status quo. >> would you think there's a risk we really go off the fiscal cliff? do you
. >> if congress doesn't act, the u.s. is going to fall over this fiscal cliff. tax increases and budget cuts that hit at the beginning of the year, the countries, as you know, largest teachers union, they say that will mean 8% spending cuts for education, 80,500 job losses. what's your contingency plan? what happens to the department of education and public school education if we go over the fiscal cliff? >> it's very simple. children will get hurt. there's no upside to having many...
316
316
Nov 7, 2012
11/12
by
FOXNEWSW
tv
eye 316
favorite 0
quote 0
it won't beed simply by raising taxes or taking a plunge off the fiscal cliff. >> congress' ability to get things done will be tested soon after the election when the fiscal cliff and massive trillions of dollars in tax increases spending cut ace rive at the end of the year. on that pressing matter, they called for grounds to fix it. >> if there is a mandate for us to find way to work together for solutions of the challenges we face as a nation. >> members are told the president's plan has been we should send the economy off part of the fiscal cliff raising the tax rates. or send the economy off entirely. either pass will cost jobs and hurt the nation economy and leading to more debt on the children. they insist they're unified and recognize the president and the senate democrats won and so did they. on the other side, the counterpart in the senate will continue to be majority leader harry reid. >> compromise is not a dirty word. i'm willing to negotiate anytime on any issue. >> the senate majority leader offered this take away from the election. >> this is the message american people
it won't beed simply by raising taxes or taking a plunge off the fiscal cliff. >> congress' ability to get things done will be tested soon after the election when the fiscal cliff and massive trillions of dollars in tax increases spending cut ace rive at the end of the year. on that pressing matter, they called for grounds to fix it. >> if there is a mandate for us to find way to work together for solutions of the challenges we face as a nation. >> members are told the...
149
149
Nov 7, 2012
11/12
by
KQEH
tv
eye 149
favorite 0
quote 0
you'd think the fiscal cliff would be a huge issue here. virginia depends heavily on defense spending and is facing massive cuts if congress doesn't act. but sequestration, the official word for the fiscal cliff cuts, hasn't been a campaign issue. >> th tried to play sequestration and blame it on each other, and i don't think it had any traction whatsoever. most people don't know what it is and they blame both parties for it. >> reporter: vors here aree more concerned about everyday economics. >> mainly, i want change in the economy, like better prices on gas and food. i want to make sure my job is secure. >> i'm looking at my grandkids as far as college and what the future is going to hold for employment for them and even if they can. >> followings stocks. when you stu them and youan realize that the economy is doing better than people admit. reports i read give the honest take versus the political take. what i see is an economy that is on a slight trend, and i want to see the trend continue. therefore, i'm going to do something to make su
you'd think the fiscal cliff would be a huge issue here. virginia depends heavily on defense spending and is facing massive cuts if congress doesn't act. but sequestration, the official word for the fiscal cliff cuts, hasn't been a campaign issue. >> th tried to play sequestration and blame it on each other, and i don't think it had any traction whatsoever. most people don't know what it is and they blame both parties for it. >> reporter: vors here aree more concerned about everyday...
304
304
Aug 15, 2012
08/12
by
CNBC
tv
eye 304
favorite 0
quote 0
cliff, the same with congress, do you think the federal reserve, if you do opt to do more stimulus, that it looks political? >> i worry about that, but we are studiously nonpolitical. i checked my policy at the door seven years ago. nobody talks about a particular candidate or party. we want democrats and republicans to get their act together. you know businesses plan on a three-year budget cycle. they're not going to help businesses plan. if you can't plan you will not plan cap x. if you can't plan cap x you cot plan your payrolls. it's a theoretical basis for this, a little bit of a wealth effect, you see it changing the discount factors of the market, but it has not taken, so i question it's efficacy and if it's eric, me, or who ever, we're having a discussion, this isn't like congress where we beat each other to a pulp, we're trying to come up with a solution. >> you came into this role as a businessman, so coming from your business background, would these be the kind of issues that would stop you from adding heads to the payroll? not knowing your tax rate and the regulatory env
cliff, the same with congress, do you think the federal reserve, if you do opt to do more stimulus, that it looks political? >> i worry about that, but we are studiously nonpolitical. i checked my policy at the door seven years ago. nobody talks about a particular candidate or party. we want democrats and republicans to get their act together. you know businesses plan on a three-year budget cycle. they're not going to help businesses plan. if you can't plan you will not plan cap x. if you...
85
85
Nov 26, 2012
11/12
by
CSPAN
tv
eye 85
favorite 0
quote 0
. >> federal reserve chairman talked about the fiscal cliff urging congress to negotiate a deal that will begin to take effect next year. he said the central bank will aid recovery but can't offset the full force of the fiscal cliff. from the economic club of new york this is about>> thank you very much. 50 minutes. good afternoon. it is nice of you to join me for lunch at this intimate gathering. i know many of you and your friends and neighbors are recovering from the events of hurricane sandy -- i want to let you know our thoughts are with everyone who has suffered during the storm and its aftermath. it has been a very challenging time for new york city. i think you have shown quite a bit of fortitude in coming back and getting back to business. my remarks today are going to focus on the reasons for the disappointingly slow pace of economic recovery in the united states, and the policy actions that have been taken by the federal open market committee to support the economy. in addition, i will discuss important economic challenges our country faces as we close out 2012 and move in
. >> federal reserve chairman talked about the fiscal cliff urging congress to negotiate a deal that will begin to take effect next year. he said the central bank will aid recovery but can't offset the full force of the fiscal cliff. from the economic club of new york this is about>> thank you very much. 50 minutes. good afternoon. it is nice of you to join me for lunch at this intimate gathering. i know many of you and your friends and neighbors are recovering from the events of...
116
116
Oct 21, 2012
10/12
by
CSPAN
tv
eye 116
favorite 0
quote 0
. >> there's been a lot of talk about the fiscal cliff. the automatic spending cuts, the tax increases unless congress finds an alternative way to reduce the deficit. here we are before the election. what are the odds that you think you will find a way out of this mess? as opposed to going over the cliff? >> their decent odds. we will avoid a part of the fiscal cliff. and let me explain. with respect to the sequester part, the automatic, across-the- board cuts that take place on defense and non-defense, i think there's a good chance we could come up with something for a good period of time. there's a reasonable chance we can do that. when it comes to the tax issue, i think it is a potentially different story. we have been quick. and president obama has been clear. we want it to extend middle- class tax relief, months ago. republicans have taken the position that unless you extend a bonus tax break for wealthier individuals, then nobody gets a tax cut extension. and if republicans and here to that position, it is very likely they would then
. >> there's been a lot of talk about the fiscal cliff. the automatic spending cuts, the tax increases unless congress finds an alternative way to reduce the deficit. here we are before the election. what are the odds that you think you will find a way out of this mess? as opposed to going over the cliff? >> their decent odds. we will avoid a part of the fiscal cliff. and let me explain. with respect to the sequester part, the automatic, across-the- board cuts that take place on...
188
188
Sep 10, 2012
09/12
by
CNBC
tv
eye 188
favorite 0
quote 0
>> jimmy, the do nothing congress is back. will they do anything to avoid a fiscal cliff recession? good evening, i'm larry kudlow. this is the kudrow report. our top story tonight as america races towards the fiscal cliff, the do nothing congress returns to doing nothing? maybe not. we'll talk. meanwhile, president obama in an interview with cnbc says he would be willing to compromise on a budget deal, willing to give 2 $1/2 of spending cuts for every dollar in tax revenue. so is this a presidential compromise to avoid the cliff or just election year politicking? >>> also tonight, team romney sends out a booster e-mail to supporters. the first line, don't get too worked up about the latest polling. question, is obama winning the battle of the convention bounce? we'll look at how both team romney and team obama's fight to the finish will be played out in seven battleground states where the spread is in the margin of error territory. >>> also this evening, another worrisome sign for the economy, consumer credit shrank by more than $3 billion in july, americans are spending less, mark
>> jimmy, the do nothing congress is back. will they do anything to avoid a fiscal cliff recession? good evening, i'm larry kudlow. this is the kudrow report. our top story tonight as america races towards the fiscal cliff, the do nothing congress returns to doing nothing? maybe not. we'll talk. meanwhile, president obama in an interview with cnbc says he would be willing to compromise on a budget deal, willing to give 2 $1/2 of spending cuts for every dollar in tax revenue. so is this a...
53
53
tv
eye 53
favorite 0
quote 0
i will tell you why next the fiscal cliff could cost government jobs. ......ment jobs. ...... but to reduce government spending and the amount and they're talking about, the amount congress if should pass any way with part of the budget control act. it is split between defense and non-defense fell the 3% of spending. is nothing. >> this does not go far enough? >> no. and the budget with spending cuts and paul ryan's cuts is only 10% of spending. $400 billion per year named as duplication and overlap from senator sessions and senator kohlberg 10 percent most have done that to say business. >> is there a political appetite on either side? they had a presidential debate. the fiscal cliff was not even brought up. who has the will to say this is not draconian the? >> the republican house proposed a budget of even more spending cuts and what chairmen ryan proposed. >> hugo year-round the say i have a plan in hand. take of buzz saw to it. fayyad of great plant corporations put more into the welfare fund but then they say higher taxes across the board is there the political will? >> t
i will tell you why next the fiscal cliff could cost government jobs. ......ment jobs. ...... but to reduce government spending and the amount and they're talking about, the amount congress if should pass any way with part of the budget control act. it is split between defense and non-defense fell the 3% of spending. is nothing. >> this does not go far enough? >> no. and the budget with spending cuts and paul ryan's cuts is only 10% of spending. $400 billion per year named as...
84
84
Aug 29, 2012
08/12
by
FBC
tv
eye 84
favorite 0
quote 0
. >> i hear ben bernanke pointing a finger at congress to avoid fiscal cliff. let me ask you about that. the cbo put out a report that if we go of at fiscal cliff all kind of disaster could happen. could they be wrong? >> i think they're right on that. fiscal cliff is $440 billion in higher taxes. $200 billion in spending cuts. raise taxes by $440 billion, i guaranty the economy will go into recession. i think we're starting to see effects of fiscal cliff already and magnify through the fall. if you're a dividend investor see marginal tax rate go from 15 to 45%, that has to scare investors. that will hurt market performance. it will have feedbacks on the business community. growing at one 1/2, 1%, anything that goes wrong is really a danger. adam: so help me just figure all of this out because sometimes my eyes glaze over. fiscal cliff versus the $8 billion missed projection from cbo, these are totally two separate issues we're discussing? >> yeah. the $8 billion issue is what is the starting point for spending by the congress in the next year? the fiscal cliff
. >> i hear ben bernanke pointing a finger at congress to avoid fiscal cliff. let me ask you about that. the cbo put out a report that if we go of at fiscal cliff all kind of disaster could happen. could they be wrong? >> i think they're right on that. fiscal cliff is $440 billion in higher taxes. $200 billion in spending cuts. raise taxes by $440 billion, i guaranty the economy will go into recession. i think we're starting to see effects of fiscal cliff already and magnify through...
130
130
Dec 5, 2012
12/12
by
MSNBCW
tv
eye 130
favorite 0
quote 0
congress is facing the issue of the fiscal cliff and other tough economic decisions. why did just today republican leadership cancel tomorrow's session allowing the house to leave town with three days left on the legislative calendar? i'll talk with two democratic members of congress just and allyson schwartz and john yarmuth. i'll talk to roger simon. he has a scathing new column out on republicans. roger says, quote, listen to this, republicans have found their stab in the back. it was the minorities what done them in. that's what he wrote. we'll ask him about it. ♪ i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer.
congress is facing the issue of the fiscal cliff and other tough economic decisions. why did just today republican leadership cancel tomorrow's session allowing the house to leave town with three days left on the legislative calendar? i'll talk with two democratic members of congress just and allyson schwartz and john yarmuth. i'll talk to roger simon. he has a scathing new column out on republicans. roger says, quote, listen to this, republicans have found their stab in the back. it was the...
137
137
Sep 9, 2012
09/12
by
CSPAN
tv
eye 137
favorite 0
quote 0
would keep us from going over the fiscal cliff and would buoy the economy by just demonstrating cooperation in washington? >> again, i've would say that we should stay there before we go home. with respect, and this is not with any heavy thinking here, but when you talk about job creation and deficit reduction, if we take unemployment under 7%, we know that that will take care of a third of the deficit. there is no single larger bullet. think about where we will be long term. we can do that. we have seen the nuggets of a plan that has been out there -- whether it is the minute she -- domenici, simpson-bowles. van hollen. we should be staying in congress until we put everybody back to work and resolve all lot of these artificial issues like the debt ceiling, something naira -- neither president reagan, president bush the younger, president clinton, or george w. bush had to deal with because congress understood implicitly that that was an important thing to do to make sure we honored our debt and had very little to do with the current debt. we saw this last summer. that has got to be avoided.
would keep us from going over the fiscal cliff and would buoy the economy by just demonstrating cooperation in washington? >> again, i've would say that we should stay there before we go home. with respect, and this is not with any heavy thinking here, but when you talk about job creation and deficit reduction, if we take unemployment under 7%, we know that that will take care of a third of the deficit. there is no single larger bullet. think about where we will be long term. we can do...
171
171
tv
eye 171
favorite 0
quote 0
cliff that congress now stands on. one of those republicans is romney's number two. >> you know why i voted for it? because i was working to find common ground with democrats to get a down payment on deficit reduction. i worked with program to find common ground. it was a step in the right direct. >> just a few moments ago, in florida president obama reiterated his convention line of attack on republicans' plan to fix the economy. >> tax cuts, tax cuts. got a few regulations. give some more tax cuts. tax cuts when times are good. tax cuts when times are bad. ed tax cuts to help you lose a few extra pounds. tax cuts to improve your love life. >> the president has one more campaign event later today in florida. it's not just a two man race. will third-party candidates have an effect on this year's presidential election? that's next. provided for their every financial need. and then, in one blinding blink of an eye, their tree had given its last. but with their raymond james financial advisor, they had prepared for even t
cliff that congress now stands on. one of those republicans is romney's number two. >> you know why i voted for it? because i was working to find common ground with democrats to get a down payment on deficit reduction. i worked with program to find common ground. it was a step in the right direct. >> just a few moments ago, in florida president obama reiterated his convention line of attack on republicans' plan to fix the economy. >> tax cuts, tax cuts. got a few regulations....
88
88
Dec 9, 2012
12/12
by
CSPAN
tv
eye 88
favorite 0
quote 0
the congress put the fiscal cliff in place so we would resolve that issue right now -- that is what we need to do. >> mark, do you want to take the first question? >> you raise a great point. this is where people's eyes glaze over -- these numbers can say whatever you want to say, but the notion, and this is where i would disagree with margaret's approach a little bet -- i do think there will be a relationship between revenues and entitlements. if we need to go bigger, we need to push all of those. there are some who say, the idea that the american people is going to buy into this notion of, ok, we will let these taxes go up. then we go through this magical witching hour -- 90% disapproval goes up to 99% disapproval. he will have general consensus that you have to get north of three -- you do this, you will get 500 in interest savings alone. they should not be as challenging as it is. one other thing -- the only thing i would disagree with bob a little, that is on the fact that i have been a huge advocate and continue to be a huge advocate of the tax reform debate. it is a critically i
the congress put the fiscal cliff in place so we would resolve that issue right now -- that is what we need to do. >> mark, do you want to take the first question? >> you raise a great point. this is where people's eyes glaze over -- these numbers can say whatever you want to say, but the notion, and this is where i would disagree with margaret's approach a little bet -- i do think there will be a relationship between revenues and entitlements. if we need to go bigger, we need to...
231
231
Nov 7, 2012
11/12
by
MSNBCW
tv
eye 231
favorite 0
quote 0
to prevent the fiscal cliff. we heard the president last night pledging to reach out to leaders of both parties but are they going answer? governor red rendell, we have john boehner and harry- reid and president barack obama and a status quo election in that sense but do you think the president will have more success to work together in the next administration? >> well i thiha there are here. number one, the fact that that's a crisis. cliff is a skri sis. debt situation overall is a crisis and creates a environment of a real opportunity to get something done. most big changes, most big changes occur when there is crisisnt is free have to worry about offending the base and saying he's for significant entitlement reform. he can lead and come to the middle saying to mitch mccnell and john boehner, look i'm for significant entitlement reform and revenues with it. let's go. if he needs and public with a plan, and the republicans torpedo that plan refusing to raise revenue, i think they're going to face political exti
to prevent the fiscal cliff. we heard the president last night pledging to reach out to leaders of both parties but are they going answer? governor red rendell, we have john boehner and harry- reid and president barack obama and a status quo election in that sense but do you think the president will have more success to work together in the next administration? >> well i thiha there are here. number one, the fact that that's a crisis. cliff is a skri sis. debt situation overall is a...
250
250
tv
eye 250
favorite 0
quote 0
and the fiscal cliff, the realities of the fiscal cliff are coming front and center again because congress and the president have two months to go before they need to get a deal going on that situation. brooke? >> alison kosik, we'll keep a look at the numbers there and check back in with you throughout the next few hours. john king, i want to begin with you, in the election itself, i don't know if you slept a wink last night, if much of the nation probably went to bed watching you, through everything last night, what was the biggest surprise in your opinion? >> the biggest surprise, brooke, over to the magic wall and take a look. the biggest surprise is we'll talk more about this in the hour ahead, we're waiting to see who gets florida's 29 electoral votes. a lot of the talk heading into the election is we were waiting on the morning after, it would be in ohio. it went for the president. another surprise for me, if you look at this map and go back to 2008, i'll switch maps in a minute, these are the two take aways for mitt romney. a closer look in terms of the popular vote. from an electo
and the fiscal cliff, the realities of the fiscal cliff are coming front and center again because congress and the president have two months to go before they need to get a deal going on that situation. brooke? >> alison kosik, we'll keep a look at the numbers there and check back in with you throughout the next few hours. john king, i want to begin with you, in the election itself, i don't know if you slept a wink last night, if much of the nation probably went to bed watching you,...
186
186
Nov 29, 2012
11/12
by
MSNBCW
tv
eye 186
favorite 0
quote 1
with the month long debate now set for all of december on the so-called fiscal cliff, and with congress and the president probably waiting till the last minute, we now have basketball thursdays here on "the cycle." score! a tip of the jersey to hall of fame coach steve smith of north carolina. with all the talk and posturing going on, mr. director, do you have our fancy animation on this? he says it's not ready yet. >> why not? >> we'll go back to our preseason graphic. we're calling this, depending on how we feel that day, either the fiscal cliff. boo. the fiscal slope. hmm. the fiscal fiesta, my personal favorite. or the fiscal follies. this is from the boston celtics' game last night. celtic big man kevin garnett was fouled by brooklyn net kris i was married to a kardashian for five minutes humphries. boston guard rajon rondo didn't like it. both humphries and rondo were kicked out with another net, gerald wallace. i hope the negotiations on the fiscal whatever we call it don't end up like that. are you listening, mr. boehner. >> this is not a game. jobs are on the line. the american
with the month long debate now set for all of december on the so-called fiscal cliff, and with congress and the president probably waiting till the last minute, we now have basketball thursdays here on "the cycle." score! a tip of the jersey to hall of fame coach steve smith of north carolina. with all the talk and posturing going on, mr. director, do you have our fancy animation on this? he says it's not ready yet. >> why not? >> we'll go back to our preseason graphic....
134
134
Nov 14, 2012
11/12
by
MSNBC
tv
eye 134
favorite 0
quote 0
questions about the fiscal cliff, we expect president obama's sort of opening offer to congress to be $1.6 trillion in new revenues including increasing taxes on wealthy americans and larger corporations. having said that, thomas, i think that the overwhelming majority, i shouldn't say the majority but he'll get a lot of questions about the petraeus situation. >> a lot of people watching this today. kristen, thanks so much. you can watch the news conference live right here on msnbc 1:30. >>> i want to bring in our panel. we have ruth marcus, columnist for "the washington post," keith boykin, cnbc contributor and hogan bidly who served as communications director for rick santorum's presidential campaign. great to have you here and ruth, petraeus now testifying or will be testifying on capitol hill. does this bring it all back to the original story and the attention and focus where it needs to be about what happened in benghazi, the loss of four american diplomats and away from this salacious sexual scandal. >> i think you answered your own question. i say this with a bit of regret and
questions about the fiscal cliff, we expect president obama's sort of opening offer to congress to be $1.6 trillion in new revenues including increasing taxes on wealthy americans and larger corporations. having said that, thomas, i think that the overwhelming majority, i shouldn't say the majority but he'll get a lot of questions about the petraeus situation. >> a lot of people watching this today. kristen, thanks so much. you can watch the news conference live right here on msnbc 1:30....
131
131
Dec 9, 2012
12/12
by
KQED
tv
eye 131
favorite 0
quote 0
we want to keep that in mind as we head towards the fiscal cliff. only four in 10 americans expect the white house and congress to reach a deal on the cliff before the first of the year, and if this goes south, a 53% of the american people are prepared to blame republicans. the president's job approval rating is well over 50%. congress' approval rating is under 20%. why what a the president back down? >> the president isn't interested in a balanced agreement, not particularly interested in avoiding a fiscal cliff, and clearly not been tested at all in cutting and spending. >> the senate minority leader says that what the president is interested in is getting as much taxpayer money has he can so that he can spend to his heart's content. with his approval ratings going up and congress' numbers at historic lows and the unemployment rate dropping, why with the president back down? charles? >> to some extent he is under estimating the damage she will suffer if -- he suffer if we go over the cliff. it will hurt the republicans in congress, which is why de
we want to keep that in mind as we head towards the fiscal cliff. only four in 10 americans expect the white house and congress to reach a deal on the cliff before the first of the year, and if this goes south, a 53% of the american people are prepared to blame republicans. the president's job approval rating is well over 50%. congress' approval rating is under 20%. why what a the president back down? >> the president isn't interested in a balanced agreement, not particularly interested...
247
247
Aug 23, 2012
08/12
by
CNBC
tv
eye 247
favorite 0
quote 0
. >> what's your take on the fiscal cliff, mark, and the pomt that if the congress doesn't fix it before the end of the year -- some feel that the end of the tax cuts and the end of the spending programs to bring our deficits down, it's a lot of pain at the same time, where do you feel that will play out? >> the way i feel it's going to play out is basically it doesn't matter if the republicans win the election or mr. obama. the fiscal deficit will stay around $1.3 trillion, and my view will be that it will go up. either way, the fiscal deficit as publiced by the media, will not have a true fiscal deficit, because to have a true fiscal deficit, you will have unfunded liabilities. if you report that it would be in the order of over $4 trillion annually. >> all right, we'll leave it there, good to have you on the program. >> we look forward to the day hoe can change the name of his newsletter to "happy days are here again." >> up next, we're talking turkey, not the kind you eat, the country. the market is red hot and there may be an easy way to catch in. >> then amazon is in a prime pickle
. >> what's your take on the fiscal cliff, mark, and the pomt that if the congress doesn't fix it before the end of the year -- some feel that the end of the tax cuts and the end of the spending programs to bring our deficits down, it's a lot of pain at the same time, where do you feel that will play out? >> the way i feel it's going to play out is basically it doesn't matter if the republicans win the election or mr. obama. the fiscal deficit will stay around $1.3 trillion, and my...
234
234
Aug 23, 2012
08/12
by
FBC
tv
eye 234
favorite 0
quote 0
should the fiscal cliff not be avoided by congress and this president. 9% plus on unemployment. your reaction? >> first what is the cause and second what's the solution? it is obama's administration is the cause? i mean they have had four years to restore employment. we aren't at level of employment where he took office at the second is the solution? we need a new president just as harvard historian niall ferguson on the front of "newsweek" advertised. lou: amazing the way in which the, i guess you would call them a community, if not a cult, economists are reacting at harvard university itself, going after niall ferguson as if he had absolutely committed an act of heresy with the+++? me soviet union by every comment policy. that is what happens now almost every day on wall street. you have tens of millions of dollars of wages being paid to try to understand what unelected representatives of the federal reserve system are trying to do. the one we had a glimpse today of what had happened a month ago. is your heart warmed by finding that there is some considerable discussion about
should the fiscal cliff not be avoided by congress and this president. 9% plus on unemployment. your reaction? >> first what is the cause and second what's the solution? it is obama's administration is the cause? i mean they have had four years to restore employment. we aren't at level of employment where he took office at the second is the solution? we need a new president just as harvard historian niall ferguson on the front of "newsweek" advertised. lou: amazing the way in...
282
282
Sep 7, 2012
09/12
by
CSPAN
tv
eye 282
favorite 0
quote 0
waiting on the fiscal cliff that congress needs to address. if we do not do something to fix that fiscal cliff, we could drop off and have a recession next year. pretty much everybody says someththat. a lot will happen all once. many people think we are sliding into recession. they are waiting to see what happens with congress and the election and what is happening in europe. there is a sense of treading water. the unemployment rate is bouncing between 8.2% and 8.1%. caller: good morning. host: you are on the air. caller: that lady brought up a valid point about people jumping ship and going to the republican tea party in the second year of obama's administration. she said obama has not accomplished anything. the tea party gridlocked our government, which they are republicans. they openly stated they would not work with this president. all they all wanted to do was to get him out. why do they expect a vote from anybody? their job is to work in it by patterson manner and accomplish things that help this country, not gridlock our government. hos
waiting on the fiscal cliff that congress needs to address. if we do not do something to fix that fiscal cliff, we could drop off and have a recession next year. pretty much everybody says someththat. a lot will happen all once. many people think we are sliding into recession. they are waiting to see what happens with congress and the election and what is happening in europe. there is a sense of treading water. the unemployment rate is bouncing between 8.2% and 8.1%. caller: good morning. host:...
340
340
Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 340
favorite 0
quote 0
. >> because the whole fiscal cliff which is a manufactured cliff essentially by both houses of congress happened because they tried to do that last year and said let's give ourselves another arbitrary deadline. you know six months from now we will be right back where we started from. that is the problem. >> laura: we are are almost out of time. but the democratic senate refuses to pass a budget. won't do it. can't do it. the president couldn't get a sing the vote for his own budget. the idea he is going to rush in from vacation and be the caped crusader rescuing us all from fiscal doom is absurd. a razzle dazzle spin move. even matt damon is giving up. >> that is just -- that is the most depress end to a segment i have h heard in my life. >> laura: we are out of time, guys. my goodness. someone has to lead at some point. >> i have my crash helmet on. we are going over the cliff. >> laura: next, a civil war among republicans in congress. will speaker benito survive the revolt? and later, president obama in the next four years. what will his second term mean for you and your family? we wi
. >> because the whole fiscal cliff which is a manufactured cliff essentially by both houses of congress happened because they tried to do that last year and said let's give ourselves another arbitrary deadline. you know six months from now we will be right back where we started from. that is the problem. >> laura: we are are almost out of time. but the democratic senate refuses to pass a budget. won't do it. can't do it. the president couldn't get a sing the vote for his own...
269
269
Aug 16, 2012
08/12
by
CNBC
tv
eye 269
favorite 0
quote 0
. >> peter, let me ask you about the fiscal cliff issue. the fault lies with congress, they left for five weeks vacation, and we have the tax cuts expiring and the spending programs expiring. what do you think is the answer here? >> the first thing is i agree with everyone saying this is not helpful. we have an economy going through a hard time of very slow growth, and having the uncertainty of how we will resolve the fiscal cliff is not helpful. there is substantive differences about the path forward. i'm not fully in either camp. i don't know how good of an idea is it for me to put my own ideas out there. >> will we see a recession in 2013? that's on a lot of people's minds right now. >> it depends on if we're bungy jumping or sky diving. if we go over and we have no clear path for how we get out of it, that would make vur chully certain that we reenter a recession. >> i realize who i am asking, but the most recent gallup pole has romney winning. >> i'm not the right person to ask that. >> he didn't say it's a, you know, it's a shoe in, s
. >> peter, let me ask you about the fiscal cliff issue. the fault lies with congress, they left for five weeks vacation, and we have the tax cuts expiring and the spending programs expiring. what do you think is the answer here? >> the first thing is i agree with everyone saying this is not helpful. we have an economy going through a hard time of very slow growth, and having the uncertainty of how we will resolve the fiscal cliff is not helpful. there is substantive differences...
107
107
Oct 7, 2012
10/12
by
CSPAN
tv
eye 107
favorite 0
quote 0
we have the fiscal cliff coming up. we have a lot of major issues on the table right now. i wonder if you have any hope that the kind of gridlock we have seen in congress in recent years will subside and the two sides will start working together and actually get things done. >> i do have some hope for this reason. even if we fall short of the 25 seats -- and i am not conceding a single seat -- but even if we fall short, we will have beaten that the tea party tsunami of 2010. a lot of these tea party republicans who wrote in and said we will not compromise, we will not negotiate, we will not think about moving the country forward because we are too busy thinking about how to hide jacket for the to the right, a lot of this tea party republicans will either be defeated or they will be chastened by the numbers. i hope that will give moderate republicans a sense of empowerment that they can step up and do what democrats have been seeking for the past two years. sit down, find common ground and consensus. we can turn of sequestration. democrats want to limit spending that does n
we have the fiscal cliff coming up. we have a lot of major issues on the table right now. i wonder if you have any hope that the kind of gridlock we have seen in congress in recent years will subside and the two sides will start working together and actually get things done. >> i do have some hope for this reason. even if we fall short of the 25 seats -- and i am not conceding a single seat -- but even if we fall short, we will have beaten that the tea party tsunami of 2010. a lot of...
259
259
Aug 14, 2012
08/12
by
CNBC
tv
eye 259
favorite 0
quote 0
they compare the fiscal cliff to y 2 k, this big drama that will turn tout be nothing for the the reason that one the election happens you will get some outcome. there will be an answer somewhere. >> yes, but i think the answers could be very different. the answer could include raising taxes on companies and small businesses, raising taxes on consumers that earn more than $250,000. that may crimp demand. the answer may include massive cuts in defense spending that has big impacts in the economy. there are lots of things, it will get solved one way or the other, the question is how. i think there are very different ways this could go. they are bad for the economy and bad for business. >> you think it gets solved, right? some people think it doesn't get solved. >> you know how congress work, it will get solved but nobody likes the solution. i apologize, maybe i misunderstood your question. >> will it stop the clock? >> congress demonstrated it's creativity in being able to kick things down the road. people may say let's wait until after the election and give ourselves some breathing room a
they compare the fiscal cliff to y 2 k, this big drama that will turn tout be nothing for the the reason that one the election happens you will get some outcome. there will be an answer somewhere. >> yes, but i think the answers could be very different. the answer could include raising taxes on companies and small businesses, raising taxes on consumers that earn more than $250,000. that may crimp demand. the answer may include massive cuts in defense spending that has big impacts in the...
143
143
Nov 7, 2012
11/12
by
CSPAN
tv
eye 143
favorite 0
quote 0
within months of the fiscal cliff, congress will be asked to raise the debt ceiling. legislation will be needed to keep the government running as a continuing resolution under which we are currently operating expires. amid all of the short-term hurdles, we face the greatest challenge of all, a massive debt that is smothering growth and exceeding the size of our economy. there will be many who will say with the election over, we should confront the first challenges by electing the top two tax rates expire and pushing it off to somewhere else. they have lessing based in the same temporary policies that have put this into this fix. now they are saying, let's have more of the same. let's to drive our economy of the fiscal cliff and we will call it a day. that might get us out of town but it will not get us out of the problem and it will hurt our economy. we cannot keep going on like that, we cannot set the bar that low. it is time we raise the bar. the american people this week did give us a mandate to simply do the simple thing -- they elected us to lead. they gave us a
within months of the fiscal cliff, congress will be asked to raise the debt ceiling. legislation will be needed to keep the government running as a continuing resolution under which we are currently operating expires. amid all of the short-term hurdles, we face the greatest challenge of all, a massive debt that is smothering growth and exceeding the size of our economy. there will be many who will say with the election over, we should confront the first challenges by electing the top two tax...
270
270
Sep 21, 2012
09/12
by
CNBC
tv
eye 270
favorite 0
quote 0
tonight we're getting hard numbers on what falling off the fiscal cliff could mean and what it could cost the markets, 20%, at the very least. so how is congress going about it? earlier today the house went into recess until after the election and the senate wraps up tonight and we'll look at washington at work or not, but first up, after months of resisting and saying he's done what's required, mitt romney put out a friday surprise and released his 2011 tax return and nbc's john harwood joins us. >> reporter: good evening, joe. mitt romney promised when he released preliminary estimates that he would release these returns before the election and now he's done it. he actually reported lesser income than he estimated earlier in the year and he said his 2011 income would be $21 million and he said instead it's a little over $13 million. he said that his effective tax rate would be 15% and it's actually 14%, but as you mentioned, he kept it at that level only by claiming a little over half of the $4 million that he gave to charity as a deduction. his aid said the reason he did that is b
tonight we're getting hard numbers on what falling off the fiscal cliff could mean and what it could cost the markets, 20%, at the very least. so how is congress going about it? earlier today the house went into recess until after the election and the senate wraps up tonight and we'll look at washington at work or not, but first up, after months of resisting and saying he's done what's required, mitt romney put out a friday surprise and released his 2011 tax return and nbc's john harwood joins...